{"id":18890,"date":"2010-04-29T12:55:22","date_gmt":"2010-04-29T17:55:22","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=18890"},"modified":"2010-04-29T12:59:58","modified_gmt":"2010-04-29T17:59:58","slug":"picking-battles","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=18890","title":{"rendered":"Picking battles"},"content":{"rendered":"

I nearly choked on my lunch reading the comments on a Yahoo story from Huffington Post<\/a> about Visa cutting debit card swipe fees in Europe while raising them in the US. First the story;<\/p>\n

Despite a recent study that found swipe fees are stalling the creation of nearly a quarter million U.S. jobs, Visa raised its debit card interchange rate for American retailers to .95 percent plus $.20 per transaction in April, according to the Retail Industry Leaders Association. In contrast, Visa Europe announced Monday that it would be capping transaction fees at 0.2 percent for the next four years.<\/p>\n

A spokesperson for Visa, Inc. said the average Visa Debit transaction fee rose by less than 4 percent.<\/p>\n

“Most of Visa’s U.S. debit rates have not changed,” she said. “Visa, Inc., did recently make a variety of program and interchange modifications to make digital currency even more convenient for consumers and merchants and to facilitate continued growth for Visa and its clients.”<\/p><\/blockquote>\n

A 4% increase. Terrible right? OK, so why aren’t Americans getting upset that low income earners are going to pay 50%-100% more in income taxes next year just by the President and Democrats doing nothing to extend the Bush tax cuts? If a 4% increase in the fee they pay at ATMs that don’t belong to their bank gets their panties wadded up, why aren’t more of them marching in the streets to extend the Bush tax cuts?<\/p>\n

Well, here are some of the first comments on the article;
\n<\/p>\n

That’s because we have capitalism in America and socialism in Europe \ud83d\ude09<\/p><\/blockquote>\n

Yes, we should all move to Europe so we can have lower debit card fees. <\/p>\n

killing jobs, thanks VISA<\/p><\/blockquote>\n

If a 4% increase in debit card fees are killing jobs, how many jobs will get “killed” next year due to the tax hike?<\/p>\n

Good, maybe this will break our addiction to credit cards. If you can’t pay it off in 30 days you can’t afford it!\n<\/p><\/blockquote>\n

There you go, don’t pay off your debit card, blivet head.<\/p>\n

we are all going broke anyway maybe its time to send a signal and really hurt the banks by only paying minum payments for 6 months if we could be a united states and unite in 6 months the banks would be on their knees.<\/p><\/blockquote>\n

A new challenger for the title of blivet head emerges.<\/p>\n

VISA needs money!!! Screw them…that’s why I have NO credit cards!!! Start the campaign for no credit cards, period!!!!!<\/p><\/blockquote>\n

Yeah, THAT’s why you don’t have a credit card. <\/p>\n

They just pay the republicans under the table to block any legislation, why do you think they want no regulation on anything.<\/p><\/blockquote>\n

Hey, I’m a republican…where’s my check from VISA?<\/p>\n","protected":false},"excerpt":{"rendered":"

I nearly choked on my lunch reading the comments on a Yahoo story from Huffington Post … Picking battles<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,47,13],"tags":[],"class_list":["post-18890","post","type-post","status-publish","format-standard","hentry","category-economy","category-liberals-suck","category-society"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/18890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18890"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/18890\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}